AMA Satoshi Club x Vlad.Finance, March 23rd
Educational task of Satoshi Club drives us to acquaint you with all new projects. We were delighted to welcome our guest from Vlad.Finance. The AMA took place on March 23rd, 2021 and our guest was @DeFiVlad.
The total reward pool was 500$ and was divided into three parts. In this AMA Recap we will try to summarize some of the most interesting points for you.
Part 1 — introduction and questions from the Telegram&Bitcointalk community
Gold Rocket | Satoshi Club: Hello, dear Satoshi Clubbers! We are pleased to announce our AMA with Vlad.Finance. Today our guest is @DeFiVlad!
Andrés M. | Satoshi Club: Welcome to Satoshi club @DeFiVlad
DeFi Vlad — Head of Vlad.Finance: Hey guys! Excited to be here today
Gold Rocket | Satoshi Club: Thanks for joining
how are you doing?
DeFi Vlad — Head of Vlad.Finance: Very good..Thanks for having me
Gold Rocket | Satoshi Club: we’re a little excited too. not every day Vlad himself comes to AMA
Andrés M. | Satoshi Club: It’s an honor for us
DeFi Vlad — Head of Vlad.Finance: Haha… yes the meme is strong in our community
Gold Rocket | Satoshi Club: If you are ready we have a standard procedure
DeFi Vlad — Head of Vlad.Finance: Our community realised we could have a serious defi platform but have fun at the same…we all sit in fron our computers all day…why not smile and have a good time while you are at. itready when you are!
Andrés M. | Satoshi Club: And please give us a short introduction about Vlad.Finance
Gold Rocket | Satoshi Club: To begin with, please tell us a few words about yourselves and how did you get to be involved in crypto & Vlad.Finance?
DeFi Vlad — Head of Vlad.Finance: Sure.. So while I am ANON on this project..I have been working in the industry for many years. I am a consultant on a few projects that all of you would know…and I was CTO of a old project some of you might remember. Currently I am involved with a few fintech projects besides VLAD. VLAD began in a moderators group on TG..The admins of the DeFi Safety group DefiYield.info. I have been admin there for a long time and we have been fighting rugs and scams in DeFi. Our admins started to talk about all the bad projects and scams on BSC and figured we could do better. I joked…i should start $VLAD
Gold Rocket | Satoshi Club: Notable names
DeFi Vlad — Head of Vlad.Finance: it snowballed and became a project..We looked at various models but it came together really quick. we had no idea it would go viral on the first day and grow the way it did
Gold Rocket | Satoshi Club: We can say that you are in the right place at the right time.
So we quickly formed a real team…worked out how to take our meme coin and build a real BSC platform for the long run
Gold Rocket | Satoshi Club: Sounds good
Andrés M. | Satoshi Club: Why did you choose the BSC platform?
DeFi Vlad — Head of Vlad.Finance: Great Question..BSC is a much easier place for small projects due to transaction fees. Even deploying smart contracts is less of a hurdle on BSC. The other part is we felt it would be easier for smaller defi users to participate and that was important for me. I did not want to create a platform for whales
Andrés M. | Satoshi Club: I agree with you my friend, great decision
DeFi Vlad — Head of Vlad.Finance: Yes. I think all of our choices are made to help build community of all wallet sizes. I know we have many small farmers enjoying the platform with just a few bucks. Everyone is welcome at Vladhalla! lol
Andrés M. | Satoshi Club: Thank you for that great introduction, let’s proceed with the first question of this part of the AMA. Are you ready or do you want to add something?
DeFi Vlad — Head of Vlad.Finance: go for it…im excited to see what questions you have for me
Q1 from Telegram User @Lostcoin1
What motivates your choice behind the NFT artists you are selecting for Vlad? Do you see yourself choosing more famous artists in the future? It could be cool to onboard known/famous artists that have never made NFTs before.
DeFi Vlad — Head of Vlad.Finance: When we started the project and decided to add the NFT platform. I had no idea how to find artists or what kind of art to do. It was a great learning expience.. What ended up happening is I just started talking to anyone who would listen. At first when I would say..Hey, Im from VLAD and we need art based on a PEPE DRAKUL.. not alot of people would listen to me…However as the project matured it got easier. Artists started to contact me and known artists started to take my calls.
Eventually we found a path by working with establish unknown artists who were looking to get into NFTs and some known established artists who i convinced to make some amazing art. The first collection features 3 works by a “known” NFT artist and 7 by unkown artists. In the near future we will continue blending known and unknown artits… in the long run the artists will be curated by VLAD holder… #alpha
Andrés M. | Satoshi Club: Please share with us some of those works
Gold Rocket | Satoshi Club: this is quite competent marketing you did it
DeFi Vlad — Head of Vlad.Finance: Ok one moment please
This piece for example was done in collab with two artists. One did the painting and the other created the effects. its one of two different Gates of Vladhalla pieces. Ill share another one. moment please
Gold Rocket | Satoshi Club: Very nice
Andrés M. | Satoshi Club: Wow I like the concept
DeFi Vlad — Head of Vlad.Finance: You can ask next question while I download the next one
Andrés M. | Satoshi Club: For sure. Thanks for share those pieces of art
DeFi Vlad — Head of Vlad.Finance:
Gold Rocket | Satoshi Club: I think what you are doing is unique. tell me how you protect copyright. is there copy protection for these works of art?
Q2 from Telegram User @johana0012
The doors of Vladhalla will open through your market very soon. Bringing the best NFT art on the BSC Network. Can you explain the relationship between the first Genesis NFTs created by emerging artists on Binance Smart Chain with $ VIDA?
Andrés M. | Satoshi Club: A question in relation with that we was talking about
DeFi Vlad — Head of Vlad.Finance: So due to timing of project and how it started and several other factors. The first collection of NFTs are purely artistic at this point with several rarity tiers. Due to timing and complexity we were not able to add utility to them at launch..However the team is focused on utility based NFTs in the future and its my intension to bring untility to the most rarest 1st edition NFTs at some point. all our art is unique…I worked directly with artists to make sure they are unique and fun and different…no copy right…I think with NFTs it doesnt matter if someone steals it..Only our NFTS will be created from our account and the NFT owners will know they own the original
Gold Rocket | Satoshi Club: Yes! you still have a lot of work
Andrés M. | Satoshi Club: Yes, that’s the benefit of NFTs, all of them are uniques in the blockchain
DeFi Vlad — Head of Vlad.Finance: we havent even released teh full internal roadmap…there is sooo much work left to be done..Hopefully the community lets us keep building and building
Gold Rocket | Satoshi Club: It’s good that you think about it. We are at the moment of the birth of a new crypto art.
DeFi Vlad — Head of Vlad.Finance: The Vladiator community wanted me to share one more piece. it hasnt gone through our post production effects yet so the final piece will look different but they love it as it is already so ill share
Gold Rocket | Satoshi Club: With our pleasure
DeFi Vlad — Head of Vlad.Finance:
Golden Pepes Drakul
Gold Rocket | Satoshi Club: i like this one
. golden mustache suits him very much
Andrés M. | Satoshi Club: So, what is your main target for 2021?
DeFi Vlad — Head of Vlad.Finance: Great question… Right now our team is focused on:
1st edition NFTs
2nd edition NFTs
3rd edition utility NFTs
We are working on the marketplace to have liquidity in every NFT so that users can sell back to the marketplace without waiting for a buyer… #alpha
Andrés M. | Satoshi Club: Great targets for this year, it’s seems that you will be really busy
DeFi Vlad — Head of Vlad.Finance: That’s our target for the next 2 months lol. After that I have even more items planned but let’s not get ahead of ourselves. It’s a ton of work to get thru as it is
Andrés M. | Satoshi Club: For sure my friend. Then, are you ready to proceed with our next question?
DeFi Vlad — Head of Vlad.Finance: Yes please
Q3 from Telegram User @Michelth
Users can choose to be liquidity providers (LP) in different pools and all of them reward LIFE. Could you detail the pools and their respective yield multiplier for farmers?
Gold Rocket | Satoshi Club: We wish you strength and immortality as written on your website
DeFi Vlad — Head of Vlad.Finance: Yes we have 4 pools on our website app.vlad.finance
VLAD-bUSD x 10
VLAD-BNB x 10
LIFE-bUSD x 4
LIFE-BNB x 4
They all earn LIFE rewards. you can use SUPRA finance vaults to autocompound or Friction.Finance to earn TAO
Andrés M. | Satoshi Club: Btw, congratulations Satoshi Club community, we are 50k members
Gold Rocket | Satoshi Club: Congratulations
DeFi Vlad — Head of Vlad.Finance: Noticed that too! Congrats!
Andrés M. | Satoshi Club: Is there a mobile app planned?
DeFi Vlad — Head of Vlad.Finance: We will not create a specific mobile app for VLAD.. As a DeFi safety guy at heart…doing Defi on your phone might sound fun..But boy does that leave you exposed…in real life..phone loss, accidental screen touches etc!
Andrés M. | Satoshi Club: That’s true, a phone doesn’t provide safety at all
DeFi Vlad — Head of Vlad.Finance: I think our site works in mobile and you can interact, however some users have said that our music player is not optimal on mobile
Andrés M. | Satoshi Club: Thank you, the group has growing with the help of amazing projects like yours
Thanks for the clarification
Gold Rocket | Satoshi Club: Safety first
@DeFiVlad Speaking of safety, by the way. Are you planning an audit of smart contracts?
DeFi Vlad — Head of Vlad.Finance: Yes we are… With our partnership with Friction.Finance we will get reviewed by CERTIK. Due to our community engagement we will also get a DefiYield audit ( most important for me! best auditor there is!!! ) I also talked to Solidity about an audit which they will do as soon as our marketplace contracts are done. They are great guys there..I have butted heads with them before over some bad projects that got by their team but they admitted to past issues and changed how they operate now and I think they are doing a great job.
Andrés M. | Satoshi Club: Congratulations, a great step to generate user trust
DeFi Vlad — Head of Vlad.Finance: My focus the past year or so has been DeFi safety….so protecting our own users is priority #1
Gold Rocket | Satoshi Club: excellent selection of auditors
thanks for the answer! Ready to jump on to the next question
DeFi Vlad — Head of Vlad.Finance: yes
Q4 from Telegram User @Brainchest
Seeing the picture of the Bank of Vladhalla in the article on Medium, I thought it not only sounds very cool, but what if there will be a DeFi project with the ability to buy tokens directly from my card?
Question. Do you have plans to make a fiat gateway to buy and sell for fiat earned tokens or NFT?
DeFi Vlad — Head of Vlad.Finance:
Gold Rocket | Satoshi Club: Lol… How many more aces do you have up your sleeve?
DeFi Vlad — Head of Vlad.Finance:
Another great question…So like I said I am involved in Fintech projects apart from VLAD. Creating fiat on and off ramps is not easy!!!
Gold Rocket | Satoshi Club: I cannot catch you by surprise. You have nft for all questions
DeFi Vlad — Head of Vlad.Finance: The regulatory hurdles are insane. I have a project that was tied up in governement regulations for years… Fiat to crypto and crypto is not fast or simple… So i dont see us exploring that avenue for now.. However…There are more and more companies offering plugins that process fiat into crypto..like simplexx for example…maybe in the future we will add support for something like that…if they start to support BSC projects
Gold Rocket | Satoshi Club: For some reason, it seems to me that this time is already close! Do you want to add something? Or can we proceed to the next question?
DeFi Vlad — Head of Vlad.Finance: next
Gold Rocket | Satoshi Club: @AndresM77 shoot please
Q5 from Telegram User @Antoni_azx
One of the premises of this project is “HOLD to achieve immortality”, how does the process to earn income passively just by doing HOLDING works? Which of the tokens on your platform is destined to be the protagonist in relation to rewards and incentives?
DeFi Vlad — Head of Vlad.Finance: another good one. So while LIFE is getting all the attention right now with NFT drops coming soon… VLAD is the core token…it will always be the core token… just something to think about
The HODL behind VLAD is that its an auto yield token…2% of each transaction is burned which reduces the supply and another 2% is distributed to all HOLDers. they earn passive income…we dont track how much daily since its based on volume but users say they get a very healthy amount daily..we even have a guy we call the ATM owner who shows up once a day to tell us how much he earned that day
Andrés M. | Satoshi Club: Talking about VLAD token, could tell us about tokenomics, how is the amount distribution?
DeFi Vlad — Head of Vlad.Finance: yeah…sure… So when me and the team launched the project we decided to make it as fair as possible. We minted 1m token.. 10% went to treasury…which we have been using to pay artists and devs and upcoming marketing costs. 10% was split between the team, myself and some lucky airdroppers. the other 80% we put in pancakeswap with a TINY amount of liquidity and then I burned the LP token to lock it forever
The first hours of VLAD were wild..since the liquidity was so small, poeple were building stacks like $20 at a time..no whales could buy up a big portion within hours we went from like 0.001c per VLAD to i think 30c on the first day. I can’t recall the exact specifics but it was a wild first few days
Gold Rocket | Satoshi Club: Incredible!
DeFi Vlad — Head of Vlad.Finance: of the 10% i personally only have 10% im nowhere near the top 20 holders even… Its about as fair as I could be
Gold Rocket | Satoshi Club: Thank you very much for your answers! Everything is clear to me! Are you ready to move on to the last question in this part?
DeFi Vlad — Head of Vlad.Finance: yes
Andrés M. | Satoshi Club: As well is clear for me, thank you @DeFiVlad for this detailed answers. And now we have the last question of this part
Q6 from Telegram User @JesusFre1tes
Vlad is aiming to push premium NFT tokens on the BSC chain. We know that BSC is the new booming network, many projects are being built or have migrated to BSC. What are the reasons why you decided to work with this network? Why do you think BSC will give you more value and use cases for your NFTs to become premium? How will this network help you unlock the potential that is still missing in today’s NFTs?
DeFi Vlad — Head of Vlad.Finance: I think we covered part of this earlier but one could say LIFE is easier on BSC …lol
-cheaper fees for users
-cheaper deployement for devs ( which means more testing )
– faster transactions so no waiting..
Aside from that..I think BSC users are more open to expreimental protocols and doing different things..
I think becuase the fees are so low..users can also experiment with small amounts of money to see what they like and don’t like.
Gold Rocket | Satoshi Club: Thanks a lot for your time and answers! It was very educational!
DeFi Vlad — Head of Vlad.Finance: i think NFTS are mostly on ERC network now becuase that is where the good artists are and good marketplaces are… That was my goal since the start of this project..Bring that awesome art to BSC
Andrés M. | Satoshi Club: ERC is most known, maybe that’s the reason, people don’t know the benefits of BSC
DeFi Vlad — Head of Vlad.Finance: We will bring them over…one Vladiator at a time!
Andrés M. | Satoshi Club: Great goal my friend and great project, we are happy to know all that info about Vlad.Finance, I enjoyed to much this first part of the AMA
DeFi Vlad — Head of Vlad.Finance: Thats what we want to do now..Make really high quality art based on a light hearted subject matter that brings us all together
Part 2 — live questions from the Telegram community
Q1 from Telegram User @JuanSB07
️ Vlad Finance on his website has images and some animations inspired by vampires and some species of monsters. Which is fun for a lot of fans of vampirism. Could you tell me what is the origin and the reasons why they were based on these themes?
DeFi Vlad — Head of Vlad.Finance: Well…as I stated the project started a bit silly and meme like..The name VLAD came first becasue I am VLAD…wasn’t ego driven but more meme driven…
After we knew it was called VLAD…there was only one way it could go! the most famous Vlad of all Vlad Tepes Drakul… aka Dracula..
And we are in crypto so we cant do anything normal so we went with Vlad Pepes Drakul and the meme was born!
This 1st collection of art will honor that meme but expect us to expand our range of art in future collections
Q2 from Telegram User @Antoni_azx
The Genesis Collections will be the first VLAD NFTs available for minting, can we know which artists are involved in the creation of this art? Why will your NFTs be valuable and worth to trade?
DeFi Vlad — Head of Vlad.Finance: Yes. Once minting begins we will release and tag all artists involved..Some are already lurking in our TG group.
Q3 from Telegram User @PaperBurns
Has running a token been all that you imagined.
Are you surprised at the time and effort it takes, or did you know what you were getting yourself into.
DeFi Vlad — Head of Vlad.Finance: Having years of crypto experience has helped for sure..I kind of knew what I was getting into…however my days now are more hectic then expected and the timelines to do everything are faster now than ever. It seems we need to make earth shattering announcements daily to keep community happy…and that’s not just our project but all projects.
Q4 from Telegram User @Luisz2210
Days ago you hosted the LIFE logo contest and it was a great payoff for Vlad Finance, How can i contribute my artwork to Vlad Finance? How do you select your art designers? Will you hold more contests the next week or most likely in April?
DeFi Vlad — Head of Vlad.Finance: Yes.. We have been trying to involve the community as much as possible.
most of the artists also came through the community…
We will continue to hold contests in the near future…
As for artists contribution..the easiest way to get involved is to DM directly and we can talk!
Q5 from Telegram User @mobilejii
why your team is anon, can we see your team public in future?
DeFi Vlad — Head of Vlad.Finance: I am the easiest to DOXX team member…I am sure if you scroll back my twitter account…you will find pics of me and my family.
We went anon for 2 reasons.
– allow my team to stay anon
– you guys prefer Anon projects…We have tested this..
When a project or twitter account is anon…the project is taken at its own merit..
When you have a doxxed team, I think it becomes more about that person..who is he? why should we care about him?
When its anon.. you either like the project or not
Q6 from Telegram User @centoscu
Can I ask what will you focus on next year, the management of the project maybe to gain more community and users or any other?
DeFi Vlad — Head of Vlad.Finance: Once we have a marketplace ready…we will focus on getting the community involved in curration of art that will be on the platform. As a community we can make sure we only have the highest quality art that is worthy of hanging in the halls of Vladhalla
Q7 from Telegram User @NataliyaKil
Your Medium page is registered as Vlad Pepe. Are you somehow connected with the GoPepe project, which gave the NFT world trading cards with Pepe characters?
DeFi Vlad — Head of Vlad.Finance: So yes.. When we decided on the Vlad / drakul theme with pepe we quickly found Vlad Pepes based on an amazing artists from Europe.. We have been in contact with her but still in the process of getting her on board..
We have since moved to our own versions of Pepe Drakul as you see in our art.
We are not assosiated with any other pepe projects at this time.
Q8 from Telegram User @JasmineSha
Hello Defi Vlad,
We all know that ETH2 is comming with more speed and lower fees, is it possible to see you work With ETH2 in the future side by side with BSC ?
DeFi Vlad — Head of Vlad.Finance: Ideally yes..I would love to bring Vladhalla to ERC in the future…
I have been looking at code that would allow moving of NFTs cross platform…not sure its possible but I am exploring it!
Q9 from Telegram User @KhaleesiTheCryptoLady
Do you have plan to list VLAD token in CEX? When and in which exchange do you plan to launch it for listing? #whenBinance
DeFi Vlad — Head of Vlad.Finance: The real answer is probably not. CEX is needed less and less today… I am a big believer in DeFi and use as little CEX as possible when trading. CEX also has issues with reflect tokens… They dont know how to handle them
Q10 from Telegram User @K2ice
Who can have access to the VLAD card?
DeFi Vlad — Head of Vlad.Finance: Everyone will have access the NFTs at the same time…
They will be released in stages…first 3 base NFTs will come for 10 LIFE each.
Few days later we will drop the rares.
Few days later the epics.
Finally the legendaries.
Each wallet will only be allowed to own one of each to make sure there is enough to go around.
Part 3 — Quiz Results
In the final part we tested your knowledge in terms of Vlad.Finance. They’ve prepared 4 questions for this part. The total reward pool for quiz was 300$.
Telegram Group: https://t.me/VladFinanceOfficial